1525-1545 S Division Street

Estimated Monthly Payment: $19,381/mo 1525-1545 S Division Street, Traverse City, MI 49684 MLS# 1866113 Retail/Commercial Listing Status: Active
30,336 sqft
37
23
0
0

REMARKS:

Great opportunity to own a 30,336 sq. ft. strip mall in fantastic location in Traverse City. This is also in the Opportunity Zone offering tax incentives to tenants and buyers. Strong mix of local and national franchise tenants include SVS Vision, T-Mobile, Biggby Coffee & Little Caesars Pizza. This offering is for Buildings A, B & C (units 101-122), but each building is also for sale individually and can be condominiumized prior to closing. Buildings B & C are fully leased and A has 12,000 SF available for the buyer to use, lease or redevelop at closing. This strip mall offers great exposure and an easy to find location. Good parking and high traffic counts.

OVERVIEW:

Retail/Commercial
Active
Traverse City
Brick, Block
Slab
2001
30336
Metal
Forced Air, Central Air
Natural Gas
Municipal Water
Municipal
3.50
Irregular
None

FEATURES:

Brick

FINANCIAL:

$4,250,000

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Coldwell Banker Schmidt-522 - 231-929-2300

 

 

The accuracy of all information, regardless of source, is not guaranteed or warranted.  All information should be independently verified.  Copyright © 2019 Northern Great Lakes REALTORS® MLS.  All Rights Reserved.